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RG-M1167 : Microfinance Growth Facility (MiGroF)
Project Status: Closed
The main objective of this Facility is intended to facilitate sustained growth of micro and small enterprises in light of the contraction of international financing sources due to the global financial crisis. This facility seeks to partially compensate for the shortfall from the reduction of domestic and external sources of funding that MFIs are facing in the LAC region. The Facility will suply eligible MFIs and MIVs with medium and long term senior and subordinated loans, which in turn will be on-lent to thousands of micro and small enterprises.
Project Detail
Project Number
RG-M1167
Project Country
Regional
Project Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Project Subsector
MICROENTERPRISE DEVELOPMENT
Project Type
Technical Cooperation
Project Lending Type
NSG
Project Modality
Project Facility Type
Environmental and social impact category
B13
Project Status
Closed
Operation Number
ATN/ME-11725-RG
Financial Information
Project Number
RG-M1167
Project Status
Closed
IDB Financing
Financing type
TCN
Fund
Multilateral Investment Fund II (MIF) -
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023
Roles & Responsibilities
Contract signature date
Aug/05/2009
Project Information
Total Cost
USD 125,000
Country counterpart financing
USD 50,000
Amount
USD 75,000
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